Chinese shipbuilder Jiangmen Nanyang Ship Engineering has secured contracts for 11 ultramax bulk carriers and one open-hatch carrier, extending its rapid run of new orders. The addition brings the yard's total contracts since June 2026 to 42 vessels, with the combined orderbook valued at well over $1 billion. Jiangmen Nanyang is recognized within China's shipbuilding sector for its specialization in modern bulk carrier designs. The latest batch of 11 ultramaxes and one open-hatch bulker follows an earlier heavy contracting cycle this year that included a $350 million deal for six ultramaxes and five handysize bulkers. The sustained flow of orders at Jiangmen Nanyang reflects a broader boom in global commercial shipbuilding, with Chinese yards continuing to capture the majority of newbuilding contracts worldwide. Industry capacity remains tightly booked, with delivery slots at many shipyards now extending out through 2030, as owners lock in tonnage amid high yard utilization rates. The scale and pace of Jiangmen Nanyang's contracting since June 2026 underscore the strength of current demand for bulk carriers, positioning the shipyard as one of the more active contractors in China's expanding newbuilding market.